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��14�4459
<br /> DEED �F TR�1ST
<br /> Loan Nv: 1�'�2�78�3D �Gontinued} Page 9
<br /> camputer sys�em re�eren�e} where this Deed a� Trust is recorded, and �he name and address of fihe successor
<br /> �rus�ee, and the instrumenfi sha�l be executed and acknvwledged by all the �eneficiaries under this ❑eed ❑�Trust❑r
<br /> their su�cessors in interest. The successvr trustee, withvut con�eyance ❑f the Property, sha�� succeed t❑ all the
<br /> �i�le, power, and duties confer�-ed upon the Trustee in�his Deed o�Trust and by applicable law. This pracedure for
<br /> substi�u�ion of Trustee sha[[ go�ern to the exc�usion o�ajl ofiher pra�isivns for subs�itution.
<br /> NDTiGES. Any natice required �o be gi�en under �his Deed ❑f Trust, including withou� limitation any notice v� de�ault
<br /> and any notice o�f sale shall f�e given in wri�ing, and shall be effecti�e when actually de�i�ered, when ac�ually re�ei�ed
<br /> by�elefaCsimile �untess otherwise r-equired hy law�, when depasited with a nationafly r�cvgnized �vernigh�courier, or, if
<br /> mailed, when deposited in the LJn�ted States mail, as �irst ��ass, cer�ified or registered ma�i pos�age prepaid, directed �o
<br /> the addresses shvwn near�he beginn3ng ❑�this Deed ❑f Trus�. A�� copies o� n�tices ❑�foreclasure from the ho�der of
<br /> any lien which has priority o�er �his l��ed o�Trust sha[t be sent to Lender's address, as shown near the beginning vf
<br /> fihis ❑eed af Trust. Any party may change its address �or nvtices under �his ❑eed of Trust �y gi�ing formal written
<br /> no�kice to the other parties, specifying that the purpose ❑f the notice is �v change �he party�5 address. For notice
<br /> purposes, Trustor agrees t❑ keep Lender informed at alE tim�s of Trustor's curren� address. Un�ess ❑the�wise prv�ided
<br /> vr required by law, i�fihere is mare than vne Trustvr, any natice g�Wen by Lender to any Trus�or is deemed t❑ be n�tice
<br /> gi�en t❑ all Trusfiors.
<br /> M15CELLANE�US PR�V1510NS. The fallawing misce��aneaus pro�isions are a part af this Deed o�Trus�:
<br /> Amendmen#s. This ❑eed a�Trust, fio�ether wi�h any Relafied Documen�s, cans�i�u�es the entire understanding and
<br /> agreement of the parties as fio the matters se�for�h in this Deed ❑f Trust. No aiterati�n vf ar amendment t❑ �his
<br /> Deed af Trust shall �e effec�i�e unless gi�en in writing and signed by the party ❑r par�ies sought to be charged vr
<br /> bound by the al�eration or am�ndment.
<br /> Annual Reports. if the Property is used for purpases o�her �han T�-ustar's residence, Trustor sha1� furnish to
<br /> L�nder, upon request, a certi�ied sfia�ement o� net opera�ing income recei�ed from �he Prvperty during Trustor's
<br /> previous fiscal year in such fvrm and de�ail as Lender sha�l requ�re. "Net operating income" shall mean all cash
<br /> receipts fram�he P�oper�y less all cash expendi�ures made in connectivn with the operation o�the Property.
<br /> Captivn Headings. Caption headings in this ❑eed of Trus� are for con�enience purpvses only and are nvt �❑ be
<br /> used�❑ infierpret or define�he pro�isions ❑f�his Deed ❑f Trust.
<br /> Merger. There sha[� be no merger o�the inter-est❑r estate created by�his ❑eed ❑�Tr-ust wEth any vth�r interest ar
<br /> estate in the Proper�y at any t�me held i�y ar�or the benefi� ❑f Lender in any capaci�y, withou��khe written cansent
<br /> of Lender.
<br /> Go�erning Law. This Deed of Trus# will he gvWerned by federal law appli�ahle �❑ Lender and, to fhe extent nvt
<br /> preemp�ed by federal law.#he iaws of fihe Sta�te o�Nebraska without regard to its conflic�s af law provisivns. This
<br /> Deed of Trust has been accepfied hy Lender�n�he 5�ate of Nebras ka.
<br /> Choice vf Venue. If there is a lawsuit, Trustvr agrees upon Lender's requesfi t❑ submit to �he jurisdiction o# the
<br /> courts❑t Hall C�unty, State af Nebraska.
<br /> Joint and Se�eral Liability. All �bligativns of Borrower and Trustor under this Deed of T�-us� shall be joint and
<br /> se�eraf, and all references�o Trustor shall mean each and e�ery Trustvr, and a�l references ta gorrower shaEl mean
<br /> ea�h and��ery gorrower. This means that each Trust�r signing below is r�sp�nsible far all ❑bfigations in this Deed
<br /> o� Trust. Vllhere any ❑ne �r more of the parties is a corpora�ion, partnership, limited liability company or similar
<br /> enti�y, it is not necessary far Lender t❑ inquire int❑the pvwers��any❑f the officers, d�rectors, partners, members,
<br /> or other agen�s a�ting or purpor�ing �❑ act vn �he en�i�y`5 behalf, and any obligations made ❑r created in relian�e
<br /> upan�he professed exe�rcise af such powers shall be�uaranteed under this �eed ❑f Trust.
<br /> Nv Waiver�ay Lender. Lender shall not 1ae deemed�o ha�e wai�ed any rights under this Deed o�Trust unless su�h
<br /> wai�er is gi�en in wri�ing and signed by Lender. N❑ delay or❑missivn ❑n the part❑�Lender in exercising any right
<br /> shall ❑pera�e as a wai�er af such right vr any ❑�her right. A wai�er by Lender af a proWisivn of this ❑eed of Trust
<br /> shalf not prejudice vr cvnstitute a wai�er of Lender's righ� othe�wise �a demand strict compliance wi�h �ha�
<br /> provision or any ❑fiher pro�isian o� fihis Deed of Trusfi. Nv prior wai�er by Lender, nor any course of d�al�ng
<br /> between Lender and Trus�vr, shaf! �onstitute a wai��r vf any af Lender's rights vr ❑f any of Trus�or's ob�igations
<br /> as fia any �uture transac�ions. VVhene�er�he cansen� o� Lender is required under this Deed af Trust, the grant�ng
<br /> of such cvnsent hy Lender in any instance shall not �onstitute con�inuing consent to subsequent instances where
<br /> such cvnsen�is required and in all cases such consent rnay be granted ❑r wifihheld in the sole discre�ion of Lender.
<br /> S�Werahil��y. �f a court af competent jurisd�ction finds any pra�isivn of this ❑eed of Trusfi to be iifegal, in�alid, vr
<br /> unenfar�eable as to any circumstance, �ha� �Ending shall no� make the affiendin� pra�ision illegal, in�alid, ❑r
<br /> unenfvr�eable as t❑ any vther circumstance. I� feasible, the vf�fending pro�ision shall be considered madified s❑
<br /> tha� i� becomes legal, �alid and enforceable. !f the affending prv�ision cannot be so mvdified, it shall be
<br /> cansidered deleted from this Deed a� Trus�. Unless ❑therwis� required by �aw, the illegali�y, in�alidi�y, ar
<br /> unenforceability vf any pro�ision ❑�f this aeed af Trus� shall not affect fihe [egality, �alidi�y or en�orceabi�ity o� any
<br /> o�her pra�isian❑f�his ❑eed af Trust.
<br /> Successars and Assigns. 5ubject t❑ any limi�ations s�a�ed in this D��d of Trust on trans�er ❑f Trustor's in�erest,
<br /> this ❑eed ❑�Trust shall he binding upon and inure to the benefi� of the parties, their successars and assigns. lf
<br /> ownership of the Property becomes Wested in a person ❑ther�han Trustor, Lender, without notice to Trustor, may
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